As ‘quality-growth’ investors we apply a long-term-oriented investment approach, which relies on companies’ fundamental value creation, i.e., earnings development, as the determinant share-price driver.

Unraveling the mystery of the "long-term growth conundrum” requires thinking in a dynamic rather than static way in order to understand that value, while potentially unstable, can evolve and increase overtime.

Business models and investing strategies can be classified the same way: those that are coarse and able to withstand shocks, and those that are highly tuned to do very well in a specific set of circumstances, but poorly in others.